On December 15, Beijing time, Leading Star, a cross-border e-commerce SaaS service provider, announced that it had completed a round C financing of 280 million yuan. This round of financing was led by Xianghe Capital, followed by the old shareholders Hillhouse Venture Capital, Source Code Capital, Shunwei Capital and Zhongding Capital, and Taihe Capital acted as the exclusive financial adviser.
Tianyan search information shows that Shenzhen Linkstar Network Technology Co., Ltd. was established in April 2019, and its legal representative is Fu Bo. Its registered capital is 2.2822 million yuan. The company's business scope includes: the design of computer software products, technology research and development and sales; Consultation and sales of cloud product solutions; Electronic Commerce Solution consulting services; Design, development and sales of intelligent hardware products.
According to public data, LeadStar is a SaaS software company focusing on cross-border e-commerce industry, and is committed to providing cross-border e-commerce sellers with refined operation and industry finance integration solutions. At present, the company has served more than 100000 cross-border e-commerce enterprises, of which the number of cross-border e-commerce listed enterprises and hundred million level sellers is leading the industry, and the business growth will exceed 200% in 2021. The scale of the leading star team has now exceeded 700 people, and localized service centers have been set up in 20+cities across the country. In 2021, LeadStar won the national high-tech enterprise certification and national information security level protection certification.
It is understood that the functions of LeadStar cross-border e-commerce ERP cover financial profit accounting, intelligent replenishment, supply chain management, advertising, customer service operations and other modules. By helping enterprises achieve fine control and data decision-making of human resources, goods and finance, it promotes efficient collaboration within enterprises and improves the core competitiveness of cross-border e-commerce sellers. It is reported that LeadStar will continue to focus on the efficient collaboration of key links in the cross-border e-commerce industry through SaaS products to help Chinese brands go to sea.
Tang Hesong, founding partner of Xianghe Capital, the leading investor, said that thanks to China's leading supply chain capabilities and global development opportunities, Xianghe is very optimistic about cross-border e-commerce, a huge and fast-growing field. ERP is the necessary basic information construction and core information hub to serve sellers and improve their competitiveness, and it is also the focus of Xianghe. We believe that LeadStar can continue to evolve iteratively and create greater value for China's supply chain and brand going overseas.
It is worth mentioning that in May this year, LeadStar completed a round B financing of 200 million yuan, led by Tiger Fund, followed by source code capital and Zhongding capital, and the old shareholders Hillhouse Venture Capital, Shunwei Capital and Blue Lake Capital made additional investment. Up to now, LeadStar has completed five rounds of financing, and its investors include: Jushuitan, Qingcheng Capital, Hillhouse Venture Capital, Shunwei Capital, Blue Lake Capital, Zongteng Group Tiger Global Management、 Source code capital, Zhongding capital.
